Spain | General inflation was stable in March while core inflation grew
Published on Wednesday, April 13, 2016
Spain | General inflation was stable in March while core inflation grew
Summary
Inflation remained stable at -0,8% YoY in March. The rise in core inflation (up to 1,1% YoY) compensated the bigger fall in energy prices. Looking forward, we expect the positive trend to be maintained in the core component, but the downward pressure in the price of the prices of raw materials foresees new falls in general prices.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Inflation
Authors
Agustín García
BBVA Research - Lead Economist
Camilo Ulloa
BBVA Research - Principal Economist